The Capitol Solution
The Congressman who will be most influential in fixing Social Security and tax reform is now on a crusade to remedy all of the nation's...
AMT in the Spotlight
Members of President George Bush's tax reform panel voted unanimously to recommend abolishing the Alternative Minimum Tax (AMT) during a meeting on July 20. But Senator Connie Mack, the panel's chairman, questioned how to make up for the $1.2 trillion revenue shortfall that would be caused by an AMT repeal.
Donaldson to Quit; Bush Nominates Cox as Replacement
SEC Chairman William Donaldson abruptly announced on June 1 that his last day on the job will be June 30. Industry observers have speculated since late last year that Donaldson would resign his post sometime in 2005, but no one anticipated such an early departure. On June 2, President Bush...
The Contenders: Election 2004
The Presidential election is only weeks away now, and it's still anyone's guess as to whether George Bush will be reelected on Nov. 2 or...
Sweeping Reform of Accounting, Auditing Awaits Sig
WASHINGTON (HedgeWorld.com)--Both houses of Congress overwhelmingly passed an act to change the way financial accounting and auditing work in the United States. The House acted first,...
Helped along by the prevailing political winds, a